More "green" and socially responsible options for Canadians
WINNIPEG, Nov. 6 /CNW/ - Canadians concerned about the social and
environmental impact of their financial decisions have new investment
opportunities today, with the expansion of the Investors Summa Fund Family
from Investors Group.
The fund family now includes the Investors Summa SRI(TM) Fund, Canada's
largest socially responsible investing fund established in 1987, and the newly
launched Investors Summa Global SRI(TM) Fund and Investors Summa Global
Environmental Leaders(TM) Fund. Corporate Class versions of each mandate are
also available today(*).
"Our research shows that one-in-three (34 per cent) Canadians say that
socially responsible investing is more important to them today than it was
five years ago," said John Wiltshire, Senior Vice-President of Product and
Financial Planning at Investors Group. "The expanded Investors Summa Fund
Family provides a comprehensive range of options for the growing numbers of
Canadians who want to invest some, or all of their savings in environmental
and socially responsible funds."
The Investors Summa SRI Fund is primarily invested in Canadian equities.
The launch of the Summa Global SRI Fund affords investors the opportunity for
greater exposure to globally diversified investments.
The Summa Global Environmental Leaders Fund will focus on companies that
are creating innovative or emerging solutions to environmental issues, such as
climate change, water scarcity, and pollution. In addition, the fund intends
to invest in companies with environmental practices that set a standard within
environmentally sensitive industries.
"Increasingly, investment decisions are less a conflict between
profitability and environmental responsibility," says Dan McClure,
co-portfolio manager of Investors Summa SRI Fund and portfolio manager of the
new Investors Summa Global Environmental Leaders Fund. "Companies that are
strong on the environment are, by and large, well managed companies that
represent a strong investment opportunity."
More findings from new Investors Group research
According to the findings of a recent Harris/Decima Research poll
commissioned by Investors Group, 56 per cent of Canadians believe
environmental considerations are an important part of any socially responsible
investment decision. Other socially responsible investment factors ranked by
Canadians as important include prohibitions against: alcohol or tobacco
investments (42 per cent); weapons (53 per cent); child labour (79 per cent)
and poor human rights practices (70 per cent).
"Canadians are increasingly sensitive to social and environmental issues
and more sophisticated in their definition of socially responsible investing,"
said Wiltshire. "Investors Group is committed to provide investment
opportunities that are compatible with our clients' financial and social
A total of 2,055 surveys were completed with Canadian adults between
September 4th and September 13th 2007, using the Harris Decima online panel. A
sample of 2,055 respondents provides estimated proportions that are accurate
to within, at most, +/- 2.2% at the 95% confidence level. That is, 95 times
out of 100, the real value of the variable in the total population will lie
within +/- 2.2% of the estimated proportions provided by the sample. One time
out of 20, the real value of the variable in the population will fall outside
Commissions, trailing commissions, management fees and expenses all may
be associated with mutual funds investments. Please read the prospectus before
investing. Mutual funds are not guaranteed, their values change frequently and
past performance may not be repeated. The Funds are distributed across Canada
by Investors Group Financial Services Inc., (in Quebec, a financial services
(*) Investors Summa SRI Class, Investors Summa Global SRI Class and
Investors Summa Global Environmental Leaders Class are separate classes of
Investors Group Corporate Class Inc.
Investors Group, founded in 1926, is a national leader in delivering
personalized financial solutions to Canadians through a network of over 4,200
Consultants located throughout Canada. In addition to an exclusive family of
mutual funds and other investment vehicles, Investors Group offers a wide
range of insurance, securities, mortgage and banking services. Investors Group
is a member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM
Financial is one of Canada's premier financial services companies with over
$125 billion in total assets under management.
(TM) Trademarks owned by IGM Financial Inc. and licensed to its
For further information:
For further information: Ron Arnst, Investors Group, (204) 956-3364,
firstname.lastname@example.org; Teresa Pagnutti, Environics Communications,
(416) 969-2721, email@example.com